Crypto Research
1,026 Results
CFTC Wins Lawsuit Against Ooki DAO, Solana Foundation and Polygon Labs Argues Against Securities Classification
Equity markets edged higher ahead of a key week where investors await key inflation data and the Federal Reserve's interest rate decision. May's CPI data comes out tomorrow, while the next FOMC meeting is on Wednesday. ^SPX 0.12% and QQQ 0.38% are trading 0.2% and 0.5% higher than Friday's close, while NDAQ 0.27% is down ~11% after announcing a $10.5b acquisition of Adenza, a software provider for banks and brokerages in a cash-and-stock deal....
Binance.US Announces Suspension of USD Deposits and Vitalik and Polygon Co-Founder Donate to COVID Research
Crypto markets are up slightly on the day, BTC has risen 0.54%, and ETH has risen 0.15%. Interestingly, the ETH Dominance metric, a metric that measures Etheruem's market cap compared to the rest of the crypto market, has reached its highest levels since the Merge last year and at the peak of the 2021 bull market, indicating that Ethereum is extremely relatively strong to the rest of the market. Altcoins...
Today, we're witnessing a return of familiar correlations as Bitcoin, gold, and equities all stage a mini rally. Today's major macro news was the leap in jobless claims to 261k, a level not reached since October 2021 and notably above consensus. Advocates of continued rate hikes frequently point to the consistent strength of the labor market. However, this new data could signal the onset of a softening jobs market beginning...
Traditional markets are stumbling today as the National Bank of Canada unexpectedly raised interest rates by 25 bps, sparking fears that the U.S. will potentially follow suit. The ^SPX 0.12% (-0.31%) failed to break through $4,300, while the NDQ (-1.36%) has taken a pause on its recent outperformance. Crypto markets are still digesting the repercussions of the SEC lawsuits against Binance and Coinbase, with BTC (-3.15%) trading around $26.3k and ETH...
Genesis Capital's Muddy Bankruptcy Proceedings, Speculation Around Binance's Future Successor
Global markets find their footing after last Friday's rally originating from a hot May jobs report. With the debt ceiling resolved and earnings seasons concluding, investors are honing in on the Fed's meeting next week for guidance on what's next. ^SPX 0.12% opened higher before retracing back to even, QQQ 0.38% displayed a similar pattern and is up 0.3%, while NDAQ 0.27% is trading at a 0.6% relative to Friday's close. Digital asset markets...
After stalling yesterday, traditional equity indices have continued their march upwards, with the ^SPX 0.12% (+0.86%) surpassing $4,200 and the NDQ (+1.01%) pushing past $14,400. Debt ceiling fears have largely been alleviated as a bill suspending the ceiling passed the House late last night and will now move on to a Senate vote. Crypto markets are not sharing the same optimism as BTC (-1.19%) has dropped back below $27k and ETH...
The crypto market has seen a significant reversal of its weekend rally as investors watchfully anticipate the House vote on the debt ceiling agreement brokered between the White House and the House Speaker. BTC has fallen below the $27k mark, while ETH grapples with maintaining a foothold above $1850, and other altcoins face more considerable downward pressure. Optimism (OP) has seen a roughly 4% decrease in value, hitting its lowest...
After showing gains in after-hours trading, markets retraced on the first trading day after Memorial Day Weekend. President Biden and House Speaker McCarthy struck a tentative deal to raise the U.S. debt ceiling, although markets are ambivalent on whether it can be implemented by the June 5th deadline. ^SPX 0.12% and QQQ 0.38% opened 0.5% and 1.1% higher from last week's close before retracing to 0.1% and 0.9% higher, respectively. Treasury yields...
Stocks and crypto rebound after a week of negative price action amid optimism of a potential U.S. debt ceiling deal. The S&P is up 1.2%, while the Nasdaq gained 2.3%. BTC and ETH are up 2.1% over the last day. The top two cryptos are seeing near 5-year lows for supply held on exchanges, indicating optimism and demand from users that want to own and use assets on their respective...
Crypto markets are up slightly today as the majors continue to trade sideways; $ BTC is up 0.26% and ETH is up 0.51%. While most altcoins have had an uneventful day, a few standouts exist. A.I.-related altcoins have been performing exceptionally since Nvidia's stellar performance after reporting earnings yesterday (shooting the stock up over 30%). A.I. coins AGIX, FET -0.21% , and RNDR have risen 10.53%, 3.09%, and 3.72%, respectively. Traditional markets...
Markets are falling today as investors begin to get concerned about a debt ceiling resolution. Equity indices continue yesterdayâs sharp selloff, with the SPY 0.12% and QQQ 0.38% falling by over 0.85%. In crypto markets, BTC (-3.39%) is testing the low $26,000s, while ETH (-3.34%) has dropped below $1800. Cross-chain bridge Multichain was experiencing issues this morning where users complained of stuck transactions. Multichain claims the issues are a result of an...